The Jumeirah Group has raised a $1.4-billion unsecured syndicated loan for further expansion. The loan has been priced at 2.75 percent above London interbank offered rate (LIBOR) and is due by 2019. The group said it would be used for expansion and for general corporate purposes at the parent level...More>>

HFF has arranged $400 million in financing for six Omni Hotels totaling 2,575 guest rooms located in California, Indiana, Pennsylvania and Texas. HFF worked on behalf of the borrower, Omni Hotels Corporation, to secure the fixed-rate loan through Prudential Mortgage Capital Company, which was...More>>

Jason Taubman Kalisman, the interim CEO of Morgans Hotel Group, and Ron Burkle, who owns Morgans debt and preferred shares, are not the best of buddies, at odds over the future direction of the hotel group. The New York Post now reports that Kalisman is "quietly" looking to refinance its Hudson...More>>

According to the Las Vegas Review-Jounral, the operators of CityCenter are seeking new loans to refinance the development’s nearly $2 billion of long-term debt. The report says that MGM Resorts International, which owns 50 percent of CityCenter and operates the 66-acre complex, has scheduled...More>>

In Colorado, in separate transactions according to the Denver Post, Los Angeles-based Mesa West Capital has funded two loans totaling $84 million in nonrecourse first-mortgage debt for the acquisition of the Hyatt Regency Denver Tech Center and the refinancing of the Park Hyatt Beaver Creek. More>>

One of Sydney's five-star hotels, the Four Seasons Hotel Sydney, was sold for approximately $306.8 million to Korean investors, Mirae Asset Global Investments. The 531-room property overlooking the Sydney Harbour Bridge and Opera House at Circular Quay underwent an extensive approximately $40.6...More>>

Multnomah County commissioners unanimously joined the Portland City Council in advancing a plan to build a publicly backed Hyatt hotel at the Oregon Convention Center, The Oregonian reports. The proposed 600-room Hyatt Regency hotel would be built by a development team led by Mortenson Development...More>>